FINANCIAL MEDIATION ON THE STOCK MARKET

Introduction. Financial intermediaries are a large group of participants who are able to ensure the effective functioning of the stock market and intermediary relationship between buyers and sellers of financial instruments. They have a positive effect on the circulation of assets in the process of extended reproduction, stimulate the development of production, trade, etc. branches of economic activity, increase the rates of economic growth. Therefore, financial intermediaries ensure effective functioning of the stock market and contribute to the process of transformation of temporarily free financial resources into investment capital. In our opinion, this leads to the successful development of the financial market (the stock market works in its system) and the country's financial system. Methods. In the process of writing the article, general scientific techniques and methods of economic research were used. The theoretical and methodological basis of intelligence is the scientific works of domestic and foreign scientists on the study of financial intermediation on the stock market, Internet resources. The research used general and special research methods, in particular: general scientific and special – to ensure the achievement of purpose of research; abstract – logical and dialectical – to substantiate theoretical propositions and conclusions. Results. The approaches of scientists to the definition of financial intermediation are considered. Recommendations for improving financial intermediation activities in Ukraine have been developed. It was emphasized that the functioning of the stock market largely depends on the activity of financial intermediaries, who are a key and occupy a central place in all its segments. The scientific novelty of the obtained results lies in the theoretical justification and practical solution of a complex of issues related to financial mediation on the stock market. Discussion. Further scientific research will be directed to the study of the problems of the modern stock market of Ukraine and ways to solve them. Keywords: financial intermediaries, financial mediation, stock market, financial market